Chakana Copper drills Soledad project in Peru
Chakana Copper (TSXV: PERU; US-OTC: CHKKF) has launched a fully-funded, 15,000-metre drill program at its Soledad copper-gold-silver project in Peru, with a target date of March 2021 to release its…
Articles by Trish Saywell
Agnico invests $6.2M in Maple Gold Mines, signs JV
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is investing $6.2 million into Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) as the two companies announced they’ve signed an agreement to consolidate…
Sumitomo to sell stake in Sierra Gorda copper mine
Japanese miner and smelter Sumitomo Metal Mining is reviewing its strategic options regarding its minority stake in the Sierra Gorda copper mine in northern Chile, majority owned by Polish miner…
Yamana Gold to begin trading on the London Stock Exchange
Yamana Gold (TSX: YRI; NYSE: AUY) has been officially admitted on the London Stock Exchange, one of the world’s oldest markets, where it will begin trading its shares on Oct….
Gold rally lifts top 50 mining stocks above US$1T for first time
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows an industry recovering from its Covid-19 slump and moving into positive territory for the fourth quarter…
K+S sells Americas salt business for US$3.2B
German fertilizer producer K+S AG has sold its Americas salt unit to the Kissner Group for US$3.2 billion, a move that would provide the company with funds to pay down…
Osisko Royalties spins out Osisko Development, raises $100M
Osisko Gold Royalties (TSX: OR; NYSE:OR) has announced the spin-out, through a reverse-takeover transaction (RTO), of Osisko Development. The newly formed developer will hold the past-producing Cariboo gold project in…
Corvus sees ‘excellent growth potential’ at Bullfrog
Preliminary economic assessments (PEAs) on standalone operations at Corvus Gold’s (TSX: KOR; US-OTC: CORVF) North Bullfrog and Mother Lode projects in southwestern Nevada suggest potential for the junior to be…
Canadian ‘flawless’ diamond sets online record of US$15.7M at auction
A rare, flawless 102-carat white diamond found at the now closed Victor mine in Canada, has sold for US$15.7 million (HK$122 million), a record price in an online auction. The…
Northern Star, Saracen create US$11.5B Australian gold giant
Australia’s Northern Star Resources (ASX: NST) is buying smaller peer Saracen Mineral Holdings (ASX: SAR) in a deal that will create an A$16 billion (US$11.5 billion) gold giant, the world’s…
Polymetal to build US$80M gold mine in Russia’s Far East
Russian precious metals producer Polymetal (LSE: POLY) is going ahead with its US$80 million Kutyn gold project, which is expected to offset declining volumes from the company’s nearby Albazino mine….
Aussie gold miner Newcrest to begin trading on TSX
Following its acquisition of a 70% stake in the Red Chris copper-gold mine in British Columbia last year, Australia’s largest listed gold miner, Newcrest Mining (ASX: NCM), will begin trading…